Does pay transparency make for happier employees? It’s unclear
Pay transparency may make for happier employees, but there is also the chance it could spark jealousy among colleagues and make it harder for companies to hire and retain workers.
As it stands there is not comprehensive research on how pay transparency impacts employees, according to Todd Zenger, presidential professor of strategy and strategic leadership at the David Eccles School of Business. Zenger weighed in on the issue in a recent article in TIME.
